On the wires: DSV drops to new low but sell-side unfazed. Deal coming?
Who should have said
Splash247 reports German liner shipping company Hapag-Lloyd’s acquisition of African trade specialist NileDutch. It’s not a big deal, the Rotterdam-based carrier operates 10 services between Europe, West Africa and Latin America and has a fleet capacity of around 80,000 teu. But it is an important step for Hapag-Lloyd’s efforts to increase its presence in the West African markets. Purchase price currently remains undisclosed.
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